September 1, 2020: Open Production period (formerly referred to as Optional Use period)

November 1, 2020: Required use

Conclusion

BeSmartee is committed to supporting a smooth transition. As such, our team will continue to provide you with updates to help you successfully navigate the new URLA implementation process.

“The URLA is back on track with new dates. BeSmartee will be working diligently to be ready for testing March 2020, and for all lenders that want to start using the URLA as of September 1—the optional period,” said Corey Johnson, BeSmartee’s Chief Compliance Officer.

With all the talk surrounding the California Consumer Privacy Act (CCPA), we wanted to offer a synopsis of how the data privacy bill stacks up—who it applies to and who is required to comply, what exactly it entails, and where to go from here.
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